oil & gas assets

South Texas Scout

Serving the local market with drilling activities, permits & multiple listings

South Texas Scout
PLS publishes drilling activity in Railroad Districts 1,2,4 and select counties north of 3 through the South Texas Scout. Published every three (3) weeks, this local report covers lead stories on drilling activity, successes and new projects while also reporting on new permits, completions and P&A activity.

  • Stay in front of local prospects, plays & rigs!
  • South Texas RRC 1, 2, 4 and north of 3
  • Hard Copy and Email For 1 Individual
  • Every 3 Weeks (16-20 issues per year)
  • Regional discoveries, drilling activity, permits,
    completions and summary drilling statistics, layered
    with regional listings and business opportunities
  • Web access to the South Texas Scout archive
  • Does not include access to MLS

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News Date
STS - Marathon scores record pad in Karnes, further expands core - September 5, 2019
Marathon Oil continues to deliver impressive results across its South Texas position. During Q2, the four-well Turnbull pad in Karnes County produced a new company record for an Eagle Ford pad, averaging initial 30-day rates of 3,230 boe/d (67% oil) per well from laterals averaging 6,140 ft. In Atascosa County, the company continues to expand its core, with 15 Q2 wells flowing IP30s averaging 1,860 boe/d (81% oil) from laterals averaging 6,800 ft. In a successful core extension test, Marathon...
Sep 05, 2019
STS - SilverBow results highlighted by McMullen & La Salle areas - September 5, 2019
South Texas-focused SilverBow Resources is delivering some of its strongest wells to date in the Eagle Ford condensate window in La Salle County and oil window in McMullen County, CEO Sean Woolverton told investors on a recent conference call. In Q2, the two-well Hayes pad in the McMullen oil area produced an average initial 30-day rate of 1,280 boe/d (85% liquids) per well. The wells were drilled with 11,000-ft laterals and completed with 2,400 lb of proppant and 50 bbl of fluid per lateral...
Sep 05, 2019
STS - Regional Highlights - September 5, 2019
The EIA projects that Eagle Ford production will fall by 6,000 bo/d and 16 MMcf/d sequentially in September to 1.383 MMbo/d and 6.732 Bcf/d.There are 1,504 DUCs in the Eagle Ford as of July, down by 13 from...
Sep 05, 2019
STS - Escondido Resources Highlights - September 5, 2019
Escondido Resources flow tested two strong Eagle Ford gas wells in Webb County during early Q3. The Reese C #7H was completed with an 8,121-ft effective lateral and produced an initial 24-rate of 15.5 MMcfe/d (96% gas). The Reese D #8H delivered an IP24 of 13.8 MMcfe/d (98% gas) from an 8,185-ft lateral. Also turning in a notable Eagle Ford gas rate in Q3 is Headington Energy. The company’s Mrs SK East #233 directional well (14,950 ft MD, 14,786 ft TVD) delivered an IP24 of 14.9 MMcfe/d (96%...
Sep 05, 2019
STS - Encana Highlights - September 5, 2019
While EnCana’s three core growth plays are the Montney in Canada and the STACK and Permian in the US, the company has other highquality assets to which it continues to deploy capital. CEO Doug Suttles said this about the Bakken, Eagle Ford and to some extent the Duvernay: “These are areas which are not growth assets because of the size of them, but they’re very high quality. They’re very oily. They have very high margins and, where we do deploy capital, very high returns. And they play an...
Sep 05, 2019
STS - Penn Virginia Corp Highlight - September 5, 2019
Eagle Ford operator Penn Virginia Corp. averaged Q2 production of 27,845 boe/d, up 13% sequentially and 25% YOY. The company turned to sales eight wells during the quarter and continues to run two rigs. It forecasts Q3 production of 28,400- 29,100 boe/d and full-year output of 27,400-27,700 boe/d, which would represent 25-30% YOY...
Sep 05, 2019
STS - Conoco accelerates Eagle Ford as it moves toward plateau - August 15, 2019
ConocoPhillips’ Eagle Ford position, which it operates through its Burlington Resources unit, is in its late-stage growth development, and the company added a seventh rig in Q2 to ramp up as it approaches the plateau phase over the next few years. An eighth rig may be added next year. Q2 production averaged 221,000 boe/d, up 21% YOY. The company is still working to determine its optimal Eagle Ford plateau rate and plans to disclose more information in November. Conoco has evolved...
Aug 15, 2019
STS - Devon securing Eagle Ford upside with refracs & redevelopment - August 15, 2019
Through refrac and redevelopment programs, Devon Energy is working to expand its resource opportunity in the Eagle Ford. The company says it has a 10-year drilling inventory with potential upside. Devon has 700 “high-return” (over 20% IRR) undrilled locations identified and 200 risked refrac candidates identified out of 700 or more potential refracs. In DeWitt County, Texas, the Muir C 4H was refracked in Q2 and came online at an initial 30-day uplift of 1,400 boe/d. The Krause B 2H refrac...
Aug 15, 2019
STS - Regional Highlights - August 15, 2019
The EIA projects that Eagle Ford production will fall by 6,000 bo/d and 16 MMcf/d sequentially in September to 1.383 MMbo/d and 6.732 Bcf/d. There are 1,504 DUCs in the Eagle Ford as of July, down by 13 from...
Aug 15, 2019
STS - Matador Resources Highlights - August 15, 2019
Matador Resources’ efforts to divest portions of its non-core assets progressed in Q2 and early Q3. The company announced the sale of Eagle Ford and Haynesville assets, as well as a small portion of its leasehold in a non-operated area. The company said it continues to receive offers from other operators on its various properties in South Texas, northwest Louisiana and East Texas and is actively working to complete other transactions through the rest of the...
Aug 15, 2019

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